5. Duration and renewal of registration certificate.

(a) for a period of three months from the date of such report or, in the . case of the death of the certificate holder, from the date of his death; or
(b) If an application made in accordance with sub-section (3), for a certificate of registration, is pending on the expiry of the period specified in clause (a), till the disposal of such application.
(i) is not in a position to comply the requirements envisaged in section 4; or
(ii) has contravened any of the provisions of this Act or the Rules, Regulations and Notifications made thereunder.